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Lenovo completes Motorola takeover
2014-10-30 13:34:40| BBC News | Business | UK Edition
Lenovo completes a $2.9bn takeover of Google's Motorola handset division, which it says makes it the third biggest smartphone maker.
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Lenovo completes takeover of Motorola Mobility
2014-10-30 12:22:00| Telecompaper Headlines
(Telecompaper) Lenovo has completed the acquisition of Motorola Mobility from Google. The Chinese company will maintain Motorola as an independent subsidiary, still based in Chicago, with almost 3,500 employees worldwide, including 2,800 in the US. It will continue with the Motorola brand, as well as the Moto and Droid series of phones. Motorola said it will continue to focus on "pure Android and fast upgrades, and remain committed to developing technology to solve real consumer problems". In addition to the foothold in the US, the deal puts Lenovo in third place in the global smartphone market, according to the company. The latest figures from IDC show Lenovo alone took 5.2 percent of the market in Q3 with 16.9 million smartphones sold, good for fourth place in the market. The company aims to sell over 100 million mobile devices this year, including tablets. The sale of Motorola Mobility was first announced in January. Lenovo is paying USD 2.91 billion, including USD 660 million cash, USD 750 million in its own shares and a note for USD 1.5 billion due on the third anniversary of closing the deal. Google also received USD 228 million in cash held by Motorola at closing. While Google held on to much of Motorola's intellectual property, Lenovo has a licence to the IP and retains over 2,000 Motorola patents. Lenovo reiterated its intention to turn the Motorola business profitable within 4-6 quarters.
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Motorola unveils Droid Turbo phone with '48-hour battery'
2014-10-29 08:43:00| Telecompaper Headlines
(Telecompaper) Motorola has launched its latest flagship smartphone, the Droid Turbo, at a Verizon Wireless event. At the unveiling Verizon focused on the device's 3,900 mAh battery that it claimed provided a battery life of up to 48 hours per charge. Verizon added that users can get eight hours of battery life in 15 just minutes by using a special turbo charger sold with the phone. The Android-powered Droid Turbo comes with a 2.7GHz quad-core processor, 3GB of RAM and a 21MP camera with dual-LED flash and 4K video. The device also includes a 5.2-inch, quad-HD display and supports Verizon's "XLTE" AWS network, which promises twice the bandwidth of traditional 4G LTE. The 32GB version comes in three colours metallic black, metallic red and ballistic nylon and costs USD 199 on contract. A high-end 64GB ballistic nylon version costs USD 249. The phone will be available exclusively on Verizon Wireless on 30 October.
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Verizon, Motorola unveil Droid Turbo
2014-10-29 06:02:54| IT Services - Topix.net
The Droid has returned. While Motorola has been busy with it's new Moto X and Nexus 6 phones, on Tuesday it returned to New York to unveil the latest in its popular Droid collaboration with Verizon Verizon, Motorola unveil Droid Turbo NEW YORK-- The Droid has returned.
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Beyond Borders: The Reach of Motorola Mobility LLC v. AU Optronics Corp. et al.
2014-10-22 18:50:18| Electronics - Topix.net
On November 13, 2014, the Seventh Circuit will hear oral arguments on a motion for rehearing in Motorola Mobility LLC v. AU Optronics Corp. et al. , to consider the reach of the Sherman Act 1 outside of the United States borders and to possibly interpret some key provisions of the Foreign Trade Antitrust Improvements Act .
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